Acccording to ESPN’s Mark Stein, “The deal hammered out Wednesday night would send Martin, Kenny Thomas, Hilton Armstrong and Sergio Rodriguez to the Rockets for McGrady, Sixth Man Award contender Carl Landry, Joey Dorsey and an undisclosed amount of cash.” Although the Knicks seem to be the odd team out, a source close to the action says he is “confident” that the McGrady will still wind up a Knick. While getting rid of the Jeffries contract, the Knicks may also pick up Sergio Rodriguez.

Multiple sources told ESPN.com that the Rockets and Kings will spend Thursday trying to make this a three-way deal that lands McGrady with the New York Knicks, who have been McGrady’s preferred destination ever since he and the Rockets mutually agreed in late December to find the 30-year-old a new team via trade.

“I think it will happen,” one source close to the situation told ESPN.com of McGrady winding up with the Knicks.

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One source with knowledge of the talks confirmed to ESPN.com late Wednesday that routing McGrady to the Knicks is still the goal. But the Kings and Rockets — who are longtime fans of Martin — are committed to the deal they’ve struck in the event that terms can’t be reached that include New York.

Sources told ESPN The Magazine’s Ric Bucher that McGrady and Rodriguez would be sent to the Knicks in a three-team scenario sure to feature New York’s Jared Jeffries if it comes to fruition.

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Even though the sides have clashed on the final parameters, specifically the draft considerations going from the Knicks to the Rockets, one source close to the talks said of McGrady winding up a Knick: “I’m pretty confident.”